Moving can be one of the most angst-ridden tasks we face, or at least the packing portion of it. It seems like it takes forever to fill the boxes with our precious belongings. Few people look forward to packing for a move, but with a little pre-planning, a good collection of sturdy boxes and a well organized to-do list, the transition can be much smoother. Before you start the process, try to have the extras in place: packing tape, newspapers,...more
In developed nations the idea of rent control may appear outdated, yet various types of rent control exist to provide stability in the real estate market, not only to enable struggling pensioners to maintain their homes as the surrounding market skyrockets.Rent control is a restriction on the increase of rental charges, assisting markets to remain reasonable in extreme growth circumstances. In most world markets tenants are protected by a form of...more
Talk to your lenderEven though including all information in your application form is the crux of a safe and effective mortgage application, it rarely holds up in the end. Mortgage applications are sometimes at risk of the cursory glances from lenders. So instead of trusting your lender to read your entire application for the mortgage of your Miami condo, dont hesitate to relay the story yourself. Any weird conditions you met when applying for the loan, even if included in your data, must not be withheld, but, instead, spoken to your lender. This will help you avoid any disaster that may cause you your loan when the time for underwriting and investigation starts. Never try to cover-up your credit blemishesIf your credit score or report is less than stellar, dont try to cover it up with excuses. While its embarrassing to reveal such imperfections, it will be the only way you can get the accurate price quote. Remember that lenders usually check your credit more than once. If your lender misses out something during the first check and while only weeks away from closing finds out late payments and such, youre sure to have some serious problems. As much as possible, dont withhold any...more
Choose check instead of cashChecks are the safest way to pay for your Miami apartment for rent deposit. These crooks oftentimes transact with cash as they can easily get away with it. With checks, however, they have to create fake identities, which will definitely risk their exposure to the law. Furthermore, dont wire money. You have no guarantee...more
Real estate agents in Arizona are starting to notice a shift in the REO investor demographic and the Canadian population has a lot to do with it. This article will provide you with information about REO properties and why Canadian real estate investors are buying REO properties in Arizona. What is an REO property? REO stands for Real Estate Owned. ...more
For many investors, particularly those whose game is real estate, today's market is bursting with potential. If people with disposable income are in a position to purchase property, the timing is perfect. In every city across America, there are deals available like never before. One possible pot of gold for investors in this changing real estate world is the short sale. Usually this exchange is a win-win-win-win scenario as the investor gets a great deal, the lender can avoid the paperwork and cost of proceeding in a foreclosure on the property, the realtor gets a commission, and homeowners can avoid the stigma of having a foreclosure on their record. The basic definition of buying a short sale home is purchasing the property for a significantly lower amount than is owed to the lender. Buyers must be diligent at doing their homework before investing to be sure that the real estate market in their chosen area has stabilized. If not, they may lose money on their investment in the short run. If the time is right to invest in a home for residential use or for future sales and profit, here are some suggestions to help buyers reach their goal:1. Engage the services of a licensed realtor...more
Don't let your new condo cost you money, at least not in your first 5 years of ownership.Here is my list of musts!Watch out for noise transference.Some condos get a lot of noise transference, especially the old townhouses built from 1850 to 1900. The...more
In the real estate market currently all you hear about is how hard it is to have their home sold.You are most likely familiar with the stories of homes not selling for months on end.But the reality is that homes can and do sell quickly even in this...more
Real estate agents represent the interests of their clients. As an agent, you're bound by honor, ethics, and duty to work on your client's behalf to achieve the defined and desired results. Real estate agents are fiduciary representatives and...more
Property sales in UAE have seen a substantial growth since 2002, especially in and around Dubai as its Government had legalised foreign ownership of property. Prior to this, no foreigner was allowed to permanently own or buy a...more
Metro Manila, which comprises some 16 cities and municipalities including the Philippines Capital city, apartments are just one of three property options. Other than apartments in Manila, there are other residential options and that includes the...more
Increased vacancyOne of the reasons why many are investing in Miami rental property is the increased numbers of people losing their home to foreclosure. Its only natural to assume that these people, after being turned out of their houses due to...more